23 September 2018 | 6 replies
Any info on the area, comps, rental cap rates, property appreciation, contractors, inspectors ...ANYTHING !!!
13 September 2018 | 2 replies
I'd repay the loan I took from my LLC and then move on to the next property.The beauty of this is it won't be a hit on my credit so my DTI won't be impacted at all and I can give myself a better interest rate than a HML would.Would a bank or lender have an issue with the source of funds used to acquire the property when I go to refinance?
31 January 2019 | 14 replies
We had to pay a mortgage tax on the new blanket mortgage in the county with the highest rate, and then prove to the other two counties that the mortgage tax had indeed been paid.
13 September 2018 | 5 replies
I have a fha mortgage (3.8 interest rate) on my current home that I’ve been living at for about 16 months, so I fullfilled the owner occupancy requirement.
17 September 2018 | 20 replies
@Lana Lee - 1 point above prime rate, so as of now 6%.
12 October 2018 | 9 replies
I like to check loopnet for going lease rates to run projections in the absence of better data.
18 September 2018 | 11 replies
My husband and I found that checking outside our usual circle of family bankers and big name mortgage companies ended up saving a lot of money on fees and rates.
16 September 2018 | 6 replies
I also like the idea of a longer mortgage term because it shields you from interest rate and inflation risk for a longer time, and of course you can always pay down your principal faster if you'd like, so I'd look for a 30-yr fixed.
13 September 2018 | 1 reply
What are expected vacancy rates for office space over a 10 year period. 10 spaces about 1k per sq ft per unit San Diego CAThis is a Class C well maintained in the Poway area off the beaten path built 1972
14 September 2018 | 9 replies
Some neighborhoods of DC actually went up in value during the housing collapse including Shaw, Petworth, Brightwood, Trinidad.A much more likely scenario than a market correction is prices continue to appreciate, and interest rates continue to rise.